Revenue 2,052,476 1 Costs of sales -1,122,917 2 Employee benefits expense -1,730,818 3 -2,853,735
Put very simply (ignoring other overhead costs), for every $100 of revenue received they are burning $139 in manufacturing & employee costs. Not a great formula for building a profitable business?
On 31/12/2024 the cash balance is $2,896,419.
At the current cash burn rate of ($864,621) for 6 months, the cash will run out in 20 months.
The Clock is ticking.
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Last
1.9¢ |
Change
-0.001(5.00%) |
Mkt cap ! $14.96M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 1.9¢ | $127.3K | 6.293M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2355777 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 610492 | 4 |
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| Last trade - 14.26pm 07/08/2025 (20 minute delay) ? |
| AT1 (ASX) Chart |